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Author Topic: [ANN] ICONOMI - Fund Management Platform  (Read 1253585 times)
Crpto4$
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November 21, 2016, 06:55:21 PM
 #15461

ICN slowly moving up and I am feeling Rich . Smiley Smiley Smiley


andraxyz
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November 21, 2016, 06:57:07 PM
 #15462

can any1 explain to me how exactly will iconomi platform work? I read somewhere that it wont be an exchange. So you have to manage your fund on an exchange then pt it to platform? im a bit confused...
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November 21, 2016, 06:59:29 PM
 #15463

can any1 explain to me how exactly will iconomi platform work? I read somewhere that it wont be an exchange. So you have to manage your fund on an exchange then pt it to platform? im a bit confused...


not hard to understand
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November 21, 2016, 07:08:28 PM
 #15464

can any1 explain to me how exactly will iconomi platform work? I read somewhere that it wont be an exchange. So you have to manage your fund on an exchange then pt it to platform? im a bit confused...

As I understand it, people who are running funds will "advertise" their funds on the ICONOMI platform, and investors can transfer money into those funds via the platform.  It's not an "exchange", because a fund can accept more and more money from more and more investors until a max limit set by the fund manager is hit.
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November 21, 2016, 07:34:03 PM
 #15465

can any1 explain to me how exactly will iconomi platform work? I read somewhere that it wont be an exchange. So you have to manage your fund on an exchange then pt it to platform? im a bit confused...

you should get used to first check the website, read white paper and after you read it read the FAQ. then ask some questions

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November 21, 2016, 07:40:40 PM
Last edit: November 30, 2016, 01:16:47 AM by mprep
 #15466

I know it all depends on the success of their investments, but lets say they only return 10% in the first year (which is still impressive imo), would that mean 10% of 4.5mill so 450k turned into eth then split by 100million, so each icn see's 0.0045 usd/year? So if i hold 1000icn i see 4.5usd return a year as a dividend?


OMFG ... 4.5 USD / year ? That is huge ... to the moon ...
So ... lets do some calculation ...
1000 ICN x 0.00020000 BTC\ICN (ICO price) => 0.2 BTC invested for 1000 ICN
4.5 USD in dividends / 1000 ICN / year => 4.5 USD / 745 USD/BTC => ~ 0.006 BTC / 1000 ICN / year
So the ROI would be 0.2/0.006 => ... ~ 33.33 years ... this is huge wtf ...
So ... lets discuss further about dividends and where should you keep your ICN in order not to miss the precious dividends.

My prediction is like this: people will post pics with Lambos, and to the moon sheet, price will slowly go up until the dividends are payed because people are retarded and refuses to make simple calculations ... this will be the perfect time to sell ... people will smash their head on the cruel reality and will dump the tokens as fast as they can. So you will be able to re-buy them at ICO price ... or under. Then the next waive of delusional expectation will come.

This dividends BS is just that BS ... the real value is a pump and dump. IT has to be pumped to 5 USD, then people will dump to some stupid delusional guys thinking this will go to the moon. There is the profit. Then those will realized they've been high doing that and will dump also but at an ICO like price ... then normal people will buy back and voila ... profit. And the cycle will resume ... but not with dividends ... probably second cycle will be with the mighty "platform" ... sure ... managing funds. Of course no one really knows in practice how it will be. But is good to be use for another pump and dump.  



I have to ask what stops people from demanding more ICN than since the launch?
Is Iconomi success dependent on bitcoin price rising or other work around being done for profit making?
I'd get in big time if really going to get paid some juicy dividends.

What juicy dividends? They invested a peanuts of 5000 ETH ... what kind of profit do you expect from this ?



I think we should focus more on the development of the platform rather than the price.
Most of the posts here is about the price

Really ... ? I am extra focusing ? ZZZZZZZZZZZZzzzzzzzzzzz ZZZZzzzzzzzzzzz ... and mega focusing. And sending positive energy ... What are you talking about?
The dev's have to focus on the development of what ever they are doing ... The investors are focusing on the price ... as high price means profit ... that is the goal.



It is ddos probably, happens to all exchanges.

No no no ... no ddos attack. Is just exasperated people clicking refresh to the page because of their sheety UI



ICONOMI writing contest #1

Because we want to engage and include our community and ICONOMI supporters, we’ve decided to kick off a new contest to get your digital currency knowledge and writing skills activated. This is for FUN, therefore no ICN bounties! Our jury will however select the best authors (one per token) who will randomly receive one of the following symbolic prizes: an ICONOMI hat, an ICONOMI t-shirt or an ICONOMI badge.


We might use your texts (or parts of them) in our upcoming communications, especially on the open fund management platform website. We would like to tap into wisdom of crowds, and put collective intelligence to work and craft that perfect, short and easy to understand description of each cryptoasset, that will benefit our future fund managers as well as our individual and institutional investors. This is your chance to tell everyone what you think of a specific token, what it is, why you love it, why you think it will succeed, why it is different from all the others…

To enter this contest, all you need to do is to write a short description of one of the listed 10 digital currencies (app tokens) below. Depending on the success of this mini-contest, next week we can continue with the next 10 tokens (sorted by market cap).

RULES:
1. Executive summary style (100 - 200 word limit. Summarise the main benefits and features to describe the digital currency/app token. Focus on the highlights - think elevator pitch... Try to describe what makes the project stand out/different from others.)
2. Facts only - everything must be 100% accurate and verifiable (sorry, no opinion pieces);
3. Include links to pages from where you obtained the information (Mandatory! Official/reliable sources only. Links do not count towards the word limit)
4. English language only (sorry, but google-translated submissions will be disqualified)
5. Only one submission may be sent per token. You are however allowed to cover many tokens.
6. Deadline for submissions is 25 November 2016 7.00pm UTC.
7. By submitting your text, you agree to transfer all rights for it to ICONOMI (we may use your text or parts of it in our future communications without quoting you as author).

BONUS POINTS:
1. For making it understandable to fiat money/old economy investors, who might not have deep technical knowledge/experience with digital currencies.

EXAMPLE:
https://i.imgur.com/ZzsaonR.png

Contest winners will be announced in our BTT thread within days of the end of contest.
Winners will be determined by ICONOMI against the criteria of following the rules, technical knowledge and writing style.
Winners will need to PM us their mailing address to receive prizes.

SUBMIT YOUR ART HERE




Yes ... why put the token on a decent exchange so people can work and make a profit. I know ... dev's team will take care of the profits for us. We just need to HOLD and stop asking questions. Or better ... let's have a writing contest ... and maybe sing a happy song ... yeayyyyy ...
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November 21, 2016, 08:04:46 PM
 #15467

Good evening, I would like to ask you a question you do not understand. after the ICO closing, the funds raised are all available to the team? example. iconomi has collected more than 10 million and distributed 87 million icn. iconomi'  team went 10 million? or the amount of tokens that were held for them?
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November 21, 2016, 08:05:09 PM
 #15468

What about the use of "myetherwallet" , should the test coin appear aswell ?



Go in you MyetherWallet link and click on "send Tokens", open your wallet with UCI/Json file or private key
then under Send Token section choose Custom token

Insert 0x384e762dAd922B22a0d06f4D1229582473D2DEe6 as Address
ICN as Token Symbol
18 as Decimal
then click save

you'd see under token balance a new token (ICN) with your balance

think this can help


any tips will be appreciated - 1295Sr4sKcp6dQtPRV489iD5gyKhxf9GoG - (it is not for myself thanks)




i need help:
i have sent some ICN to my ETH address and tried the processus described here
but i get a message error:
"not a valid ERC-20 token"
so ICN not recognized ?
and there is not any value in the token list for ICN
target
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November 21, 2016, 08:18:59 PM
 #15469

whats the hat and shirt look like? any photos?

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petricag
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November 21, 2016, 08:19:40 PM
 #15470


i need help:
i have sent some ICN to my ETH address and tried the processus described here
but i get a message error:
"not a valid ERC-20 token"
so ICN not recognized ?
and there is not any value in the token list for ICN

You inserted the wrong Contract Address (I think that is the test ICN contract address). ICN should be available in MyEtherWallet by default in the latest version, not as a custom added token.
Just use the https://www.myetherwallet.com/ official site.
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November 21, 2016, 08:29:48 PM
 #15471

I know it all depends on the success of their investments, but lets say they only return 10% in the first year (which is still impressive imo), would that mean 10% of 4.5mill so 450k turned into eth then split by 100million, so each icn see's 0.0045 usd/year? So if i hold 1000icn i see 4.5usd return a year as a dividend?


OMFG ... 4.5 USD / year ? That is huge ... to the moon ...
So ... lets do some calculation ...
1000 ICN x 0.00020000 BTC\ICN (ICO price) => 0.2 BTC invested for 1000 ICN
4.5 USD in dividends / 1000 ICN / year => 4.5 USD / 745 USD/BTC => ~ 0.006 BTC / 1000 ICN / year
So the ROI would be 0.2/0.006 => ... ~ 33.33 years ... this is huge wtf ...
So ... lets discuss further about dividends and where should you keep your ICN in order not to miss the precious dividends.

My prediction is like this: people will post pics with Lambos, and to the moon sheet, price will slowly go up until the dividends are payed because people are retarded and refuses to make simple calculations ... this will be the perfect time to sell ... people will smash their head on the cruel reality and will dump the tokens as fast as they can. So you will be able to re-buy them at ICO price ... or under. Then the next waive of delusional expectation will come.

This dividends BS is just that BS ... the real value is a pump and dump. IT has to be pumped to 5 USD, then people will dump to some stupid delusional guys thinking this will go to the moon. There is the profit. Then those will realized they've been high doing that and will dump also but at an ICO like price ... then normal people will buy back and voila ... profit. And the cycle will resume ... but not with dividends ... probably second cycle will be with the mighty "platform" ... sure ... managing funds. Of course no one really knows in practice how it will be. But is good to be use for another pump and dump.  

It's like with any crypto project. They are all great in theory, but without getting adopted by the mainstream most of them won't survive.

That's where iconomi is in my opinion way better then other projects: they have a financial product, which offers an easy bridge between the large group of people who have no idea of crypto besides that that's the place where huge money flows and where the future is.

If the team succeeds with their marketing (PR team sits at wallstreet) and makes some deals with major platforms, magazines and so on to attract a wide investor base, I really see no point for your sarcasm. Pump and dump will always be a thing, look at the stock market! But this won't make ICN less valuable that it is.

JOIN OFFICIAL ICONOMI SLACK FOR INSTANT NEWS FROM THE TEAM - http://iconominet.herokuapp.com
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November 21, 2016, 08:34:20 PM
 #15472

whats the hat and shirt look like? any photos?

good question
Smiley
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November 21, 2016, 08:35:54 PM
 #15473

I know it all depends on the success of their investments, but lets say they only return 10% in the first year (which is still impressive imo), would that mean 10% of 4.5mill so 450k turned into eth then split by 100million, so each icn see's 0.0045 usd/year? So if i hold 1000icn i see 4.5usd return a year as a dividend?


OMFG ... 4.5 USD / year ? That is huge ... to the moon ...
So ... lets do some calculation ...
1000 ICN x 0.00020000 BTC\ICN (ICO price) => 0.2 BTC invested for 1000 ICN
4.5 USD in dividends / 1000 ICN / year => 4.5 USD / 745 USD/BTC => ~ 0.006 BTC / 1000 ICN / year
So the ROI would be 0.2/0.006 => ... ~ 33.33 years ... this is huge wtf ...
So ... lets discuss further about dividends and where should you keep your ICN in order not to miss the precious dividends.

My prediction is like this: people will post pics with Lambos, and to the moon sheet, price will slowly go up until the dividends are payed because people are retarded and refuses to make simple calculations ... this will be the perfect time to sell ... people will smash their head on the cruel reality and will dump the tokens as fast as they can. So you will be able to re-buy them at ICO price ... or under. Then the next waive of delusional expectation will come.

This dividends BS is just that BS ... the real value is a pump and dump. IT has to be pumped to 5 USD, then people will dump to some stupid delusional guys thinking this will go to the moon. There is the profit. Then those will realized they've been high doing that and will dump also but at an ICO like price ... then normal people will buy back and voila ... profit. And the cycle will resume ... but not with dividends ... probably second cycle will be with the mighty "platform" ... sure ... managing funds. Of course no one really knows in practice how it will be. But is good to be use for another pump and dump.  

It's like with any crypto project. They are all great in theory, but without getting adopted by the mainstream most of them won't survive.

That's where iconomi is in my opinion way better then other projects: they have a financial product, which offers an easy bridge between the large group of people who have no idea of crypto besides that that's the place where huge money flows and where the future is.

If the team succeeds with their marketing (PR team sits at wallstreet) and makes some deals with major platforms, magazines and so on to attract a wide investor base, I really see no point for your sarcasm. Pump and dump will always be a thing, look at the stock market! But this won't make ICN less valuable that it is.


fully agree with this. you can't expect miracles after some months. that's not how you survive in crypto

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November 21, 2016, 08:40:50 PM
 #15474


It's like with any crypto project. They are all great in theory, but without getting adopted by the mainstream most of them won't survive.

That's where iconomi is in my opinion way better then other projects: they have a financial product, which offers an easy bridge between the large group of people who have no idea of crypto besides that that's the place where huge money flows and where the future is.

If the team succeeds with their marketing (PR team sits at wallstreet) and makes some deals with major platforms, magazines and so on to attract a wide investor base, I really see no point for your sarcasm. Pump and dump will always be a thing, look at the stock market! But this won't make ICN less valuable that it is.


Are you sure they have a product ? Or just an idea ?

Unlike other cryupto projects ICONOMI has gone beyond ... they prevented people from actually having a profit by trading the tokens on a decent exchange. Probably this is because the Wall-street wolfs are allergic to trading.
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November 21, 2016, 08:44:58 PM
Last edit: November 30, 2016, 01:18:19 AM by mprep
 #15475


It's like with any crypto project. They are all great in theory, but without getting adopted by the mainstream most of them won't survive.

That's where iconomi is in my opinion way better then other projects: they have a financial product, which offers an easy bridge between the large group of people who have no idea of crypto besides that that's the place where huge money flows and where the future is.

If the team succeeds with their marketing (PR team sits at wallstreet) and makes some deals with major platforms, magazines and so on to attract a wide investor base, I really see no point for your sarcasm. Pump and dump will always be a thing, look at the stock market! But this won't make ICN less valuable that it is.


Are you sure they have a product ? Or just an idea ?

https://www.cashila.com/

https://www.iconomi.net/




It's like with any crypto project. They are all great in theory, but without getting adopted by the mainstream most of them won't survive.

That's where iconomi is in my opinion way better then other projects: they have a financial product, which offers an easy bridge between the large group of people who have no idea of crypto besides that that's the place where huge money flows and where the future is.

If the team succeeds with their marketing (PR team sits at wallstreet) and makes some deals with major platforms, magazines and so on to attract a wide investor base, I really see no point for your sarcasm. Pump and dump will always be a thing, look at the stock market! But this won't make ICN less valuable that it is.


Are you sure they have a product ? Or just an idea ?

Unlike other cryupto projects ICONOMI has gone beyond ... they prevented people from actually having a profit by trading the tokens on a decent exchange. Probably this is because the Wall-street wolfs are allergic to trading.

Are you gonna start trolling now? We kept the last few pages relatively trolls-free.

Care to explain how exactly Iconomi team can prevent polo from listing it?
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November 21, 2016, 08:47:59 PM
 #15476

I know it all depends on the success of their investments, but lets say they only return 10% in the first year (which is still impressive imo), would that mean 10% of 4.5mill so 450k turned into eth then split by 100million, so each icn see's 0.0045 usd/year? So if i hold 1000icn i see 4.5usd return a year as a dividend?


OMFG ... 4.5 USD / year ? That is huge ... to the moon ...
So ... lets do some calculation ...
1000 ICN x 0.00020000 BTC\ICN (ICO price) => 0.2 BTC invested for 1000 ICN
4.5 USD in dividends / 1000 ICN / year => 4.5 USD / 745 USD/BTC => ~ 0.006 BTC / 1000 ICN / year
So the ROI would be 0.2/0.006 => ... ~ 33.33 years ... this is huge wtf ...
So ... lets discuss further about dividends and where should you keep your ICN in order not to miss the precious dividends.

My prediction is like this: people will post pics with Lambos, and to the moon sheet, price will slowly go up until the dividends are payed because people are retarded and refuses to make simple calculations ... this will be the perfect time to sell ... people will smash their head on the cruel reality and will dump the tokens as fast as they can. So you will be able to re-buy them at ICO price ... or under. Then the next waive of delusional expectation will come.

This dividends BS is just that BS ... the real value is a pump and dump. IT has to be pumped to 5 USD, then people will dump to some stupid delusional guys thinking this will go to the moon. There is the profit. Then those will realized they've been high doing that and will dump also but at an ICO like price ... then normal people will buy back and voila ... profit. And the cycle will resume ... but not with dividends ... probably second cycle will be with the mighty "platform" ... sure ... managing funds. Of course no one really knows in practice how it will be. But is good to be use for another pump and dump.  

somehow i like the sarcastic post you made (and i found it really easy to understand and its is like Trump saying i will fcuk you up and we love it) petrca!

Cheers
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November 21, 2016, 08:52:12 PM
 #15477


It's like with any crypto project. They are all great in theory, but without getting adopted by the mainstream most of them won't survive.

That's where iconomi is in my opinion way better then other projects: they have a financial product, which offers an easy bridge between the large group of people who have no idea of crypto besides that that's the place where huge money flows and where the future is.

If the team succeeds with their marketing (PR team sits at wallstreet) and makes some deals with major platforms, magazines and so on to attract a wide investor base, I really see no point for your sarcasm. Pump and dump will always be a thing, look at the stock market! But this won't make ICN less valuable that it is.


Are you sure they have a product ? Or just an idea ?

Unlike other cryupto projects ICONOMI has gone beyond ... they prevented people from actually having a profit by trading the tokens on a decent exchange. Probably this is because the Wall-street wolfs are allergic to trading.
It looks like the price of ICN kept on hold until next year to really hunters of bounty throw all the coins ICN, and in addition to raising the price of ICN for this year, I think it is impossible, because the price of BTC that is increasingly growing, little by a little..
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November 21, 2016, 08:59:13 PM
 #15478

You're absolutely right, I think the same thing, we'll see how it works.  Cry

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November 21, 2016, 09:00:33 PM
 #15479


Are you sheeting me ?
What is so special about these sites ? You can't even deposit fiat via credit card ... Did you at least had an account on these 2 sites to actually see what is all about? If yes, were you that impressed .. ? why ?
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November 21, 2016, 09:03:22 PM
 #15480

Care to explain how exactly Iconomi team can prevent polo from listing it?

I can't explain anything. I just see a lot of shitcoins listed without a problem ... but not ICN.
Its dev's team that has to explain (that NDA bs is not an explanation). But they are ignoring the question and doing writing contests.
I am waiting for the singing contest Wink
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